Gun manufacturers have made more than $1 billion from selling assault-style weapons to civilians in the last decade, with some companies seeing their earnings triple, House panel says.
George Frey / AFP via Getty Images fileGun manufacturers have made more than $1 billion from selling assault-style weapons to civilians in the last decade, with some companies seeing their earnings triple as gun deaths soared, a House panel said Wednesday.
Smith & Wesson — which sold the high-powered weapons used in the Fourth of July massacre in Highland Park, Illinois — saw its revenue from all long guns more than doubled from $108 million to $253 million in that time period. “These rifles are the weapon of choice for mass murderers who have terrorized and slaughtered young children at school, worshippers at churches and synagogues, and families celebrating the Fourth of July,” she added.
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